Wednesday,  December 11 , 2024

Linkedin Pinterest
News / Business / Business Briefs

Oregon-based SeaPort Airlines files for bankruptcy

By The Associated Press
Published: February 7, 2016, 3:30pm

PORTLAND — Oregon-based SeaPort Airlines has filed for Chapter 11 bankruptcy protection, but the company says daily operations will not be interrupted.

The commuter airline said Friday it expects to continue to operate its schedule of flights, pay its employees, and honor existing tickets and reservations. The company also announced Rob Kinney has resigned as CEO and president. Timothy Sieber, who recently served as executive vice president, has been named president.

The news comes after the airline has reduced flights in its network, blaming a pilot shortage.

The bankruptcy was filed in federal court in Oregon.

Support local journalism

Your tax-deductible donation to The Columbian’s Community Funded Journalism program will contribute to better local reporting on key issues, including homelessness, housing, transportation and the environment. Reporters will focus on narrative, investigative and data-driven storytelling.

Local journalism needs your help. It’s an essential part of a healthy community and a healthy democracy.

Community Funded Journalism logo
Loading...